Udaipur Cement Works Balance Sheet Health
Financial Health criteria checks 2/6
Udaipur Cement Works has a total shareholder equity of ₹8.9B and total debt of ₹13.1B, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are ₹24.6B and ₹15.7B respectively. Udaipur Cement Works's EBIT is ₹1.3B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹1.3B.
Key information
147.7%
Debt to equity ratio
₹13.10b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹1.33b |
| Equity | ₹8.87b |
| Total liabilities | ₹15.75b |
| Total assets | ₹24.62b |
Recent financial health updates
No updates
Recent updates
Return Trends At Udaipur Cement Works (NSE:UDAICEMENT) Aren't Appealing
Aug 03
Udaipur Cement Works Limited's (NSE:UDAICEMENT) 30% Share Price Surge Not Quite Adding Up
Jul 02Shareholders Shouldn’t Be Too Comfortable With Udaipur Cement Works' (NSE:UDAICEMENT) Strong Earnings
May 25Udaipur Cement Works (NSE:UDAICEMENT) Might Have The Makings Of A Multi-Bagger
Dec 23Udaipur Cement Works' (NSE:UDAICEMENT) Anemic Earnings Might Be Worse Than You Think
Nov 06Udaipur Cement Works Limited's (NSE:UDAICEMENT) Business And Shares Still Trailing The Market
May 12Financial Position Analysis
Short Term Liabilities: UDAICEMENT's short term assets (₹3.9B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: UDAICEMENT's short term assets (₹3.9B) do not cover its long term liabilities (₹12.5B).
Debt to Equity History and Analysis
Debt Level: UDAICEMENT's net debt to equity ratio (132.7%) is considered high.
Reducing Debt: UDAICEMENT's debt to equity ratio has reduced from 337.7% to 147.7% over the past 5 years.
Debt Coverage: UDAICEMENT's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: UDAICEMENT's interest payments on its debt are not well covered by EBIT (1.5x coverage).